All the updated news related to avro energy

All the news related to avro energy updated in real time

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Bulb boss still being paid £250,000 a year despite collapse, MPs told

The boss of bailed-out energy supplier Bulb is still being paid the same £250,000 salary that he was collecting before the business went into administration. Hayden Wood, who set up the company, was asked by administrators to stay on in his role as ...

19 Apr 2022 at 16:25

City

Stream of customers moving to energy supplier Octopus slows as gas price spikes

The number of customers choosing to switch to Octopus Energy has slowed in the last nine months as a surging gas price took away some of the company’s competitive edge. The business used cheaper prices to attract about 15% of all households who ...

29 Jan 2022 at 02:25

News

Energy suppliers granted £1.8 billion for taking on customers from failed firms

Energy suppliers that took on the customers of their failed rivals will be able to claim back more than £1.8 billion by adding it to the bills of households and businesses. Regulator Ofgem said it had approved payments to eight different ...

22 Dec 2021 at 18:20

Octopus Energy waived profit to keep bills down, finance boss says

City

Octopus Energy forewent profit to keep bills down, finance boss says

Octopus Energy has said that it could have made a profit last year, but chose to keep bills down for customers, as it also got more than £600 million to take on the customers of a failed supplier. The energy supplier told the PA news ...

01 Feb 2023 at 13:55

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Related keywords
avro energy
bulb
business energy and industrial strategy committee
energy crisis
hayden wood
jake brown
politics
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ukraine

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